Company Analysis

Q2 Holdings Inc (QTWO)

NYSE: QTWO · Services-Prepackaged Software · Austin, TX · filing with the SEC since 2007
Grade5.4
◀ Past 5.4● Present 5.0▶ Future 5.6

The grade of Q2 Holdings Inc

Nine metrics read from its own filings, by tense
Headline grade
5.4/10
◀ Past5.425% of the headline
● Present5.035% of the headline
▶ Future5.640% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

All nine metrics read as filed from the record.

◀ Past

What did they actually do?

5.4/1025% of the headline grade · 3 of 3 filed

Surviving crises

as filed
7.3/10

Has it survived what it has been through?

No warning events in its filings since 2017.

weight 22% of this tense · 73rd percentile among 230 sector filers · read for itself

From the record

Q2 Holdings Inc's filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
5.8/10

What has it actually done, year after year?

+20.3% a year over 10 filed years; profitable in 1 of 10.

weight 45% of this tense · 58th percentile among 213 sector filers · read for its customers

From the record

Q2 Holdings Inc's 10 filed years say what it did: revenue went from $150 million in fiscal 2016 to $795 million in fiscal 2025, up 20.3% a year; it rose in 9 of 9 years; it never fell from a peak; net income was positive in 1 of 10 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span20.3%top 48% of its family
  • the share of years revenue rosetop 27% of its family
  • the share of filed years with a profitbottom 35% of its family
  • the deepest fall from a revenue peak0.0%top 27% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
3.7/10

How has it treated the people who own it?

Share count grew 4.4% a year. 1% of cash flow returned. Insiders: 38 sales, 0 purchases.

weight 33% of this tense · 37th percentile among 152 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-12-31, Q2 Holdings Inc's diluted share count grew about 4.4% a year, and dividends and buybacks returned about 1% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 38 sales (14 under scheduled 10b5-1 plans) and 0 purchases of their own stock on the open market in the year to 2026-11-03 (their Form 4 filings).

What it rests on

  • the share count over the yearsbottom 42% of its family
  • cash returned against operating cash flowbottom 31% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

5.0/1035% of the headline grade · 3 of 3 filed

Financial health

as filed
4.9/10

Is it financially healthy right now?

ROE 8%: 8¢ of profit per shareholder dollar. Leverage 48%: owes 48¢ per asset dollar.

weight 45% of this tense · 49th percentile among 217 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Q2 Holdings Inc earned about 8 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 34 cents per dollar of everything the company owns. Leverage: it owed about 48 cents per dollar of assets, and net share issuance: its share count grew 8.3% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 48% of its family
  • return on equitytop 34% of its family
  • gross profit against assetsbottom 49% of its family
  • the share count against the year beforebottom 31% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
5.9/10

How strong is its position in its industry?

top 41% of 218 in its family; net margin 6.5%.

weight 33% of this tense · 59th percentile among 218 sector filers · read for its customers

From the record

Q2 Holdings Inc's standing among 218 graded names in its industry family: revenue of $795 million in fiscal 2025 ranks in the top 37% by size; a net margin of 6.5% ranks in the top 36%; revenue growth of 12% a year over the last 3 filed years ranks in the top 50% (its annual reports).

What it rests on

  • revenue against the family$795Mtop 37% of its family
  • net margin6.5%top 36% of its family
  • three-year revenue growth12.0%top 50% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
4.0/10

What are the people in charge doing?

bottom 40% of 139 in its family for leadership; chief executive since 2026.

weight 22% of this tense · 40th percentile among 139 sector filers · read for its shareholders

From the record

Q2 Holdings Inc's leadership, from its insiders' filings and its current reports: the chief executive on the record is Price, Jonathan (Co-CEO, CFO, as filed), filing under that title since 2026-11-03, under a month (bottom 1% of its family); the 14 officers and directors filing in the last fifteen months have been on the record a median of 6.3 years (top 33%); 7 officer or director changes were reported on Form 8-K since 2023-11-13, against the 14 people in charge now (top 46%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge7 in three years among 14 peopletop 46% of its family
  • the median years the people in charge have filed6.3 yearstop 33% of its family
  • the chief executive's years on the recordunder a monthbottom 1% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

5.6/1040% of the headline grade · 3 of 3 filed

Room to expand

as filed
5.6/10

How much room does it have to grow?

top 44% of 216 in its family for room to expand.

weight 22% of this tense · 56th percentile among 216 sector filers · read for itself

From the record

Q2 Holdings Inc's room to grow, from the newest filed statements (fiscal 2025): cash of $368 million against no long-term debt tagged leaves 28.8% of its assets as net cash, top 25% of its family; cash from operations less capital spending is 24.5% of revenue (top 25%); a gross margin of 54.1% (bottom 28%); research spending of 19.4% of revenue (bottom 44%) (its annual report).

What it rests on

  • cash less debt against assets28.8%top 25% of its family
  • cash from operations less capital spending against revenue24.5%top 25% of its family
  • gross margin54.1%bottom 28% of its family
  • research spending against revenue19.4%bottom 44% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
4.3/10

What could actually drive growth from here?

bottom 43% of 213 in its family for growth drivers.

weight 45% of this tense · 43rd percentile among 213 sector filers · read for its customers

From the record

Q2 Holdings Inc's growth drivers, from the filed years to fiscal 2025: revenue grew 12% a year over the last three filed years against 20.3% over all 10, slowing (bottom 40% of its family); the newest year grew 14.1% (top 47%); research spending grew 5.9% a year (bottom 45%); capital spending grew -15.1% a year (bottom 32%) (its annual reports). Q2 Holdings Inc reported 3 product lines in fiscal 2025: Subscriptions at $649 million (82%), Product and Service Other at $76 million (10%), Transactional Services at $71 million (9%); 3 of 3 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span-8.3 points a yearbottom 40% of its family
  • the newest year's revenue growth14.1%top 47% of its family
  • three-year growth of research spending5.9%bottom 45% of its family
  • three-year growth of capital spending-15.1%bottom 32% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
7.4/10

Did its newest year beat what its own record pointed to?

top 26% of 194 in its family for expectations against reality.

weight 33% of this tense · 74th percentile among 194 sector filers · read for its shareholders

From the record

Q2 Holdings Inc's newest year against its own record: revenue of $795 million in fiscal 2025 came in 2.9% above the $773 million its prior three years' pace pointed to (top 33% of its family); net income of $52 million against a prior three-year average of $71 million (top 12%); a net margin of 6.5% against -11.8% before (top 33%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace2.9%top 33% of its family
  • net income against the prior three years' average+173%top 12% of its family
  • net margin against its prior average+18.3 pointstop 33% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton QTWO · research, not advice